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RE: Alt Market Strong; Maximalism WRong

in LeoFinance3 years ago

Yeah the idea behind the tax is that we want to add friction to this process so that it can't be exploited.

Ideally, we want users to be trading HBD and Hive on the open market, not using these failsafes whenever it suits them.

By creating a 5 cent buffer ($1.00 - $1.05) there's a lot of wiggle room to continue trading and providing liquidity to the free-market.